Business

GUTA to close shops on August 29 to demonstrate against rapid cedi depreciation

August 22, 2022

Members of the Ghana Union of Traders Association (GUTA), say they will close down all their shops on Monday, August 29, to demonstrate against the persistent depreciation of the Ghana Cedi. According to them, the rapid fall of the Cedi is having a negative impact on their businesses, hence their decision to stage the protest. […]Continue Reading

Business

FBNBank celebrates 2022 edition of Corporate Responsibility and Sustainability Week

August 22, 2022

FBNBank has announced that it is will be celebrating this year’s edition of its annual Corporate Responsibility and Sustainability Week (CR&S) from August 22 to 26. It is under the theme, “Making kindness a way of life” with the call for all to “Start Performing Acts of Random Kindness.” The CR&S Week commemoration has become […]Continue Reading

NEWS

Decline Your New Contract & Go Home – Teacher Unions Tell Anthony Boateng

August 22, 2022

All is currently not well, within the Ghana Education Service (GES), as teacher unions across the country have issued a firm statement, advising the embattle Deputy Director-General of GES in-charge of (Management Services), Anthony Boateng to respectfully decline the new contract extension offered him by presidency. This was after Mr. Boateng was due for retirement […]Continue Reading

Business

BoG cautions public against 19 entities engaged in loan services without license

August 22, 2022

The Bank of Ghana is cautioning the public against unlicensed entities engaged in the provision of loans to consumers, in contravention of the Banks and Specialised Deposit-Taking Institutions Act, 2016. According to the Central Bank, these illegal entities mostly employ the use of mobile applications and social media in their activities. The entities which are […]Continue Reading

NEWS

Labianca case: Appointing Council of State member to GPHA board smacks of elite capture – Former CDD-Ghana boss

August 22, 2022

Former Executive Director of governance think tank, Ghana Center for Democratic Development (CDD-Ghana), Prof Emmanuel Gyimah Boadi is questioning President Akufo-Addo’s appointment of a Council of State member onto the Ghana Ports of Harbor Authority board. Eunice Jacqueline Buah Asomah-Hinneh is currently embroiled in a dispute with the Special Prosecutor over Continue Reading

NEWS

ECG to pursue people responsible for destroying transformer

August 22, 2022

The Electricity Company of Ghana (ECG) has announced its commitment to finding the persons responsible for the destruction of some of its transformers serving the Krobo enclave. As many as 12 of the Company’s transformers were destroyed by some unknown persons the Yilo and Lower Manya Krobo municipalities were disconnected from the national grid. But […]Continue Reading

Business

Fidelity Bank wins two more international accolades

August 22, 2022

The largest privately-owned Ghanaian bank, Fidelity Bank Ghana, has added two more accolades to its growing list of international laurels. At separate events held over the weekend, Fidelity Bank was named the Best Bank in Ghana at the 2022 Euromoney Awards for Excellence as well as the Best Consumer Digital Bank in Ghana by the […]Continue Reading

Business

Shares dilution and its effects on shareholders’ rights

August 22, 2022

A business idea is registrable as a private company on the undertaking of its founder(s) to contribute capital towards the company’s activities in consideration for rights and interests in the company as well as liabilities. Capital contributed (paid up, partly paid, or unpaid) as part of the primary capital raising activity becomes the property (the […]Continue Reading

Business

Ghana Exim Bank CEO hosts US Embassy team

August 22, 2022

The Chief Executive Officer of the Ghana Export – Import Bank (GEXIM), Lawrence Agyinsam, on Thursday, 18th August 2022, hosted a team from the United States of America Embassy in Ghana, led by the Commercial Counsellor, Dean Matlack. The meeting was held at the head office of GEXIM in Accra and afforded the bank the opportunity […]Continue Reading

NEWS

Duncan-Williams hosts 10th edition of Global Prayer Summit

August 22, 2022

For many who took part in the 2022 Global Prayer Summit led by Archbishop Nicholas Duncan-Williams in Upper Marlboro, Maryland, USA, it was a rare opportunity to reconnect with God. The about 2,000 believers who participated in the summit engaged in fervent prayers, not only for themselves but for their families, communities and nations. The […]Continue Reading